Mexico’s 126m people buy $55bn-worth of packaged food annually. Sales of such fare have been growing quickly. This trend should have lifted the likes of Bimbo and Gruma, its biggest maker of tortillas. Instead, like many Mexican businesses in recent years of sluggish economic growth, they have fallen out of favour with investors. …
Unbun Foods is recalling unbun brand untortillas from the marketplace because they may contain egg which is not declared on the label. People with an allergy to egg should not consume the recalled product described. …
La Tortilla Factory, Inc. (LTF) announced today that Flagship Food Group, LLC (Flagship) has agreed to make an investment into the company to support its future growth strategy. Flagship will become the majority stake holder in the company while the third generation Tamayo family members continue to remain valued partners. …
The initial launch has three varieties; Mikey’s Sweets & Beets Gluten and Grain-Free Tortillas, made with purple sweet potato and beets, Mikey’s Golden Turmeric Gluten and Grain-Free Tortillas, made with turmeric and hemp protein, and Mikey’s Super Greens Gluten and Grain-Free Tortillas, made with spinach, broccoli, and spirulina. …
Technavio has been monitoring the tortilla market and it is poised to grow by $ 10.42 bn during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. …
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